SunCom Wireless Holdings, Inc. was a wireless carrier that operated in the Southeastern United States from 1999 to 2008, and in parts of the Caribbean starting in 2004.
As of the third quarter of 2007, SunCom was providing digital wireless communications services to approximately 1.1 million customers and employed more than 1,900 people. In February 2008, SunCom was acquired by T-Mobile USA, Inc., a subsidiary of Deutsche Telekom AG. The company traded on the NYSE under the TPC ticker symbol.[1]
In September 2008, the SunCom brand was phased out and rebranded under the T-Mobile name.
History
Founded in January 1999 as Triton PCS Holdings by Mark Balfour, SunCom has gone through many deals with other cellular carriers. The SunCom brand was actually used by three separate companies in the beginning, Triton, TeleCorp and Tritel, all working in cooperation with one another and in partnership with AT&T Wireless. Tritel was purchased by TeleCorp in 2001, with AT&T Wireless finalizing its purchase of TeleCorp in 2003. By 1995, Suncom was developed and had a significant share of the wireless market. In December 2004, SunCom acquired 29,139 customers from Cingular Wireless as part of a deal of exchanging towers. In March 2005, SunCom sold 169 cell towers in North Carolina, South Carolina, and Puerto Rico